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Feb 16, 2013
02/13
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KQED
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no one expects a quick turnaround for the european economy, which has been mired in recession. but as erika miller reports, that may make now a good time to invest. >> reporter: it would makes sense that american investors would be loading up on u.s. stocks with the market here doing so well. but they're not. last week, investors in stock mutual funds put virtually all their cash in international markets. more than $3 billion went into funds holding international stocks. by comparison, mutual funds holding u.s. stocks suffered their first outflows of the year. investment advisors say small investors may be on to
no one expects a quick turnaround for the european economy, which has been mired in recession. but as erika miller reports, that may make now a good time to invest. >> reporter: it would makes sense that american investors would be loading up on u.s. stocks with the market here doing so well. but they're not. last week, investors in stock mutual funds put virtually all their cash in international markets. more than $3 billion went into funds holding international stocks. by comparison,...
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Feb 18, 2013
02/13
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KQED
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longer than it's ever been because technology has seeped into more and more crevices and nooks of the economy. because when i started at sequoia capital there's no way that we would have considered investing in a payments company, a financial services company, a media company. an advertising company. all of those sorts of things we've invested in quite happily in the last 15 years. it was technology and-- seeping out everywhere. >> rose: at the core of every business. >> exactly. and where technology goes, we follow. >> rose: you've been outspoken or at least you've made public statements saying wait, don't be so critical of apple because of the decline in the stock price. you believe in the future of apple and there's nothing, no reason not to be excited about the continued growth of that company. >> i'm not a soothsayer. all i was trying to do in the pandemonium after they announced their results recently was just try to paint a picture of realistic expectations for a company that is now as large as apple is. and-- . >> rose: second largest company in the world. >> and the point that i was
longer than it's ever been because technology has seeped into more and more crevices and nooks of the economy. because when i started at sequoia capital there's no way that we would have considered investing in a payments company, a financial services company, a media company. an advertising company. all of those sorts of things we've invested in quite happily in the last 15 years. it was technology and-- seeping out everywhere. >> rose: at the core of every business. >> exactly....
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Feb 19, 2013
02/13
by
CNBC
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eye 126
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this is to the because i can tell you exactly what the economy is going to do. we are not judges the beauty pageant. we're judging the judges. the judge will look at sequestration as a situation where none of the earnings for the second and third quarter can possibly be met in lurxury retail. >> they just showed a chart of it. >> it is an absurd rally. it's the best performing sector of the market last year by a long shot and quite frankly, i don't think that can withstand the headlines. >> are you short this sector? >> i'm not short the xly but i have no -- >> this judge wants to know what is going to bring optimism to a level where it matches the market move itself? you know what i have mean? >> i do, scott. if see's theses is holds true, if we break through that and we start threatening 1600 or above 1550 i think you start to see that optimism and with that a slight rise in interest rates. as steve liesman said, the one factor you're leaving out, housing. when people have jobs and getting better wage, the housing market has been pretty strong. there's no othe
this is to the because i can tell you exactly what the economy is going to do. we are not judges the beauty pageant. we're judging the judges. the judge will look at sequestration as a situation where none of the earnings for the second and third quarter can possibly be met in lurxury retail. >> they just showed a chart of it. >> it is an absurd rally. it's the best performing sector of the market last year by a long shot and quite frankly, i don't think that can withstand the...
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Feb 19, 2013
02/13
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CNBC
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eye 561
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find out if this pain at pump will create a real pain for the economy. that's coming up on the "closing bell." ♪ [ male announcer ] how do you engineer a true automotive breakthrough? ♪ you give it bold new styling, unsurpassed luxury and nearly 1,000 improvements. introducing the redesigned 2013 glk. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while u
find out if this pain at pump will create a real pain for the economy. that's coming up on the "closing bell." ♪ [ male announcer ] how do you engineer a true automotive breakthrough? ♪ you give it bold new styling, unsurpassed luxury and nearly 1,000 improvements. introducing the redesigned 2013 glk. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. [ male announcer ] how could a luminous protein in jellyfish, impact life...
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Feb 19, 2013
02/13
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CNBC
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per share, expanding internationally yet kept down by a frozen food division or slowing restaurant economy. the darn thing has been ripe for the taking for years and years. it always amazed me it hadn't been taken before. the bears are always optimist, lacking in rigor, yet when i questioned why a goldman sachs analyst would put a sell on a great company like heinz, nobody else seemed to think it was odd at all. we've been zero-summing here for ages, and if they're warricking for walk and terr racks, not just caterpillar and deere, now you know it's time to rotate out of heinz. don't we like sell sell sell when we buy buy buy. isn't that the plan? i don't know. that's not the plan for everybody. warren buffett, he doesn't care about sector rotations. he cares about acquires brands, lasting brands for less, some sort of consummate buyer likes brands for less. now it's his. who was really complacent here? i say it was the goldman analyst, now the buyers. how about dell. you really think that dell, which supported slightly better than expected numbers, is that that much different than heinz?
per share, expanding internationally yet kept down by a frozen food division or slowing restaurant economy. the darn thing has been ripe for the taking for years and years. it always amazed me it hadn't been taken before. the bears are always optimist, lacking in rigor, yet when i questioned why a goldman sachs analyst would put a sell on a great company like heinz, nobody else seemed to think it was odd at all. we've been zero-summing here for ages, and if they're warricking for walk and terr...
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Feb 17, 2013
02/13
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WBAL
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economy. >> i think the u.s. economy is recovering. the job is recovering. the energy boom is helpful. the housing market has bottomed out and beginning to pick up. balance sheets, consumer balance sheetsz, business balance sheets are doing well and exports are doing well. >> how do we take that, the next step further? is it exports? open trade? >> i think there are -- all of these elms are important. from my point of view, the state department, exports are very important to the whole economy and to jobs because 95% of the world's consumer s live outside of united states so we're promoting american exports and ensure there are fair trading rules in the global system so it's not distorted by state subsidies or state enterprises. we're also making a major effort through the partnership trade negotiations and now the president announced negotiations with europe. that can open up new markets and provide new opportunities for american companies and we're trying to attract foreign investment in the united states, which does create a lot of jobs here. >> let me ask
economy. >> i think the u.s. economy is recovering. the job is recovering. the energy boom is helpful. the housing market has bottomed out and beginning to pick up. balance sheets, consumer balance sheetsz, business balance sheets are doing well and exports are doing well. >> how do we take that, the next step further? is it exports? open trade? >> i think there are -- all of these elms are important. from my point of view, the state department, exports are very important to...
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Feb 21, 2013
02/13
by
CNBC
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made all these promises our economy can't afford because the economy isn't performing. this has been going on for the last decade or two. the 2007 recession really brought it to life, but -- but what's happened is america used to be a uniquely productive, low-cost place to do business. we had efficient infrastructure. we had limited regulation. we believed in, you know, we believed in the market. we had -- >> market capitalism. >> market capitalism. bit by bit we've allowed regulatory costs to go up. our legal system is very expensive and cumbersome. our infrastructure is eroding, and we've fallen behind on skills. it used to be that america was the place where we have the high skills and now, of course, so many of our citizens don't have the skill to actually earn a decent income. >> we don't have the skill sets required to actually fill the jobs that are needed right now. >> to fill the jobs that are needed, and so this great middle class that has been the bedrock of america, it's hollowing out because now you really need advanced skills in order to compete and we hav
made all these promises our economy can't afford because the economy isn't performing. this has been going on for the last decade or two. the 2007 recession really brought it to life, but -- but what's happened is america used to be a uniquely productive, low-cost place to do business. we had efficient infrastructure. we had limited regulation. we believed in, you know, we believed in the market. we had -- >> market capitalism. >> market capitalism. bit by bit we've allowed...
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120
Feb 18, 2013
02/13
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CNBC
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economy. >> i think the u.s. economy is recovering. the job is recovering. the energy boom is helpful. the housing market has bottomed out and beginning to pick up. balance sheets, consumer balance sheets, business balance sheets are doing well and exports are doing well. which is a key area of interest for me. >> how do we take that the next step further? is it exports? is that how you do it? open trade? >> i think there are -- all of these elements are important. from my point of view, the state department, exports are very important to the whole economy and to jobs because 95% of the world's consumers live outside the united states, so we're trying to promote american exports by promoting american companies, ensure there are fair trading rules in the global system so it's not distorted by state subsidies or state enterprises. we're also making a major effort through the partnership trade negotiations and now the president announced negotiations with europe. that can open up new markets and provide new opportunities for american companies, and we're trying
economy. >> i think the u.s. economy is recovering. the job is recovering. the energy boom is helpful. the housing market has bottomed out and beginning to pick up. balance sheets, consumer balance sheets, business balance sheets are doing well and exports are doing well. which is a key area of interest for me. >> how do we take that the next step further? is it exports? is that how you do it? open trade? >> i think there are -- all of these elements are important. from my...
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Feb 20, 2013
02/13
by
KICU
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eye 91
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it's expected the strikes will ripple through the indian economy. gdp could take a hit of about 200 billion rupees, which translates to 3.7 billion u.s. dollars. car sales are in a slump in europe. europeans in several nations are hitting the brakes on buying cars as austrity measures translate into high unemployment and recession. new car registrations fell to 8.7% in january, the lowest level since 1990. one billion dollars. that's the fine offshore drilling company trans ocean will pay in civil penalties following the 2010 gulf of mexico oil spill. bp hired trans ocean prior to the 2010 deepwater horizon explosion. the company pled guilty for violating the clean water act and will have two years to pay the billion-dollar fine. it's a story reminiscent of a hollywood screenplay: millions of dollars' worth of diamonds stolen in a matter of minutes. but it's real. thieves dressed as police cut a hole in a brussels airport security fence, drove to a swiss airlines jet that was transporting the gems, cut a hole in the plane, removed the diamonds and t
it's expected the strikes will ripple through the indian economy. gdp could take a hit of about 200 billion rupees, which translates to 3.7 billion u.s. dollars. car sales are in a slump in europe. europeans in several nations are hitting the brakes on buying cars as austrity measures translate into high unemployment and recession. new car registrations fell to 8.7% in january, the lowest level since 1990. one billion dollars. that's the fine offshore drilling company trans ocean will pay in...
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Feb 19, 2013
02/13
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CNBC
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i tend to think, i tend to believe, that the economy of the world is, in fact, doing better. >> didn't copper pull back because china was pulling back on the liquidity through repo lines. it's a pullback based on the notion that china is a big consumer. >> well, if that's true, then tin and zinc fell rather dramatically. >> they talked about putting clamps on the property. they hit all the industrial metals because china was worried about the property prices. >> good. they should. they've had -- property prices in china got a little bit out of hand. they needed to put a stop to that at some point. >> all right, dennis, great to see you. >> thank you. thanks for having me on. >> dennis gartman. let's trade some gas price derivatives. the consumer stocks, especially in light of that walmart memo, citing an internal e-mail that february sales off to its worst start in years. you couple that with the pain at the pump, and not a pretty picture for the u.s. consumer at this point. >> i'm not going to go the consumer route. we've been talking about the refiner trades. look at psx. in the 40s,
i tend to think, i tend to believe, that the economy of the world is, in fact, doing better. >> didn't copper pull back because china was pulling back on the liquidity through repo lines. it's a pullback based on the notion that china is a big consumer. >> well, if that's true, then tin and zinc fell rather dramatically. >> they talked about putting clamps on the property. they hit all the industrial metals because china was worried about the property prices. >> good....
WHUT (Howard University Television)
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Feb 19, 2013
02/13
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WHUT
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italy has the third largest economy in the eurozone. what happens here matters inside and outside the country. >> testing the mood and temperature on the tuscan coast. you may have noticed that the universe is moving faster than expected and scientists are struggling to explain why the galaxies are rotating at these speeds and planets are flying apart more quickly than they should. a team from america is going to use the hubble has -- hubble telescope to investigate what is called dark energy. our science correspondent explains. >> the world around us is made of atoms. they link up to form the buildings that we see, the water that flows, and all life on the planet. scientists have discovered something else out there that makes up most of the universe, a force that was present at the beginning of time. the current theory of physics suggests that the expansion of the universe slow down after the big bang and would then contract. instead with seems to be happening is that galaxies seem to be flying apart faster than ever before. scientists
italy has the third largest economy in the eurozone. what happens here matters inside and outside the country. >> testing the mood and temperature on the tuscan coast. you may have noticed that the universe is moving faster than expected and scientists are struggling to explain why the galaxies are rotating at these speeds and planets are flying apart more quickly than they should. a team from america is going to use the hubble has -- hubble telescope to investigate what is called dark...
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Feb 18, 2013
02/13
by
CNNW
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eye 141
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in places like west virginia and tightening them further is only going to squeeze that part of the economy even more, and sol of the higher prices will be passed on to you and me as consumers. they also argue that the keystone pipeline will be safe with the technology today and bring jobs to places like nebraska and also help the u.s. to become more energy independent. don? >>> all right. thank you, chris. the big stories in the week ahead from wall street to hollywood, and our correspondents will tell you what you need to know. we begin with what is happening tonight at the pentagon. >> i'm barbara starr at the pentagon. defense secretary leon panetta was to be home in california in retirement, but now that congress will not deal with the chuck hagel nomination for another ten days, panetta still is on the job. he will travel to brussels for a nato summit to talk about afghanistan and other security issues. when the summit is over on friday, the big question, does he come back to the pentagon or does he try once again to go home to california? >> i'm poppy harlow in new york and while the
in places like west virginia and tightening them further is only going to squeeze that part of the economy even more, and sol of the higher prices will be passed on to you and me as consumers. they also argue that the keystone pipeline will be safe with the technology today and bring jobs to places like nebraska and also help the u.s. to become more energy independent. don? >>> all right. thank you, chris. the big stories in the week ahead from wall street to hollywood, and our...
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Feb 21, 2013
02/13
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CNBC
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eye 141
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we're expecting the eurozone economy to contract another 10.2% this year. that's not that far away from the consensus. we expect that you get continued divergence within the eurozone and germany, which had a very soft patch at the end of the last year is picking up and that's supported by the pmi data whereas other economies in europe are stag nating or weakening. >> wouldn't it be easier if they were all stag nating or weak? even if germany is weak, the central bank can come in and say we have to be more accommodating. but if they're holding in okay, that puts more of the onus on the periphery or even france, that means the economies would like more saurt and might not get it. >> but this divergence in europe is part of the recovery process. germany needs to see stronger than after growth at other countries effectively deflate in order to get these big imbalances to reverse over time. and that's really part of the recovery process. we don't think that the european economy itself needs to be strong for european equities to perform well. let's face it, last
we're expecting the eurozone economy to contract another 10.2% this year. that's not that far away from the consensus. we expect that you get continued divergence within the eurozone and germany, which had a very soft patch at the end of the last year is picking up and that's supported by the pmi data whereas other economies in europe are stag nating or weakening. >> wouldn't it be easier if they were all stag nating or weak? even if germany is weak, the central bank can come in and say...
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150
Feb 17, 2013
02/13
by
CNNW
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economy actually shrank in the last three months of 2012. the storm clouds were ready to blow away and washington basically called them back. >> i think we're all aware that we have some urgent business to do. >> if not for indecisive, uncompromising, and polarizing politicians, america's economy could take off again. >> we are producing more energy and america can become an energy exporter. >> we're in the midst of an energy boom and it's lowering the price of electricity and bringing manufacturing back to america. a housing boom fueled by the lowest interest rates in history. and 35 months of private sector job creation. america's future could be great. >> i'd like to focus on what lies beyond the fiscal debate. >> i'd like to, too. but that's not possible the with a sequester deadline about to descend on the american economy. when will washington's small thinking about big problems end? if this week is any indication, the dysfunction won't end any time soon. earlier this week we learned the euro area experienced its third straight quarter
economy actually shrank in the last three months of 2012. the storm clouds were ready to blow away and washington basically called them back. >> i think we're all aware that we have some urgent business to do. >> if not for indecisive, uncompromising, and polarizing politicians, america's economy could take off again. >> we are producing more energy and america can become an energy exporter. >> we're in the midst of an energy boom and it's lowering the price of...
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87
Feb 21, 2013
02/13
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FBC
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eye 87
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see if industry plays a role in growing the farm economy and feeding the world. its fertilizers used for corn, and right now, business is good. a record year for sales and earnings. what can they do for an uncore to keep shareholders happy? talking about that with the ceo, steve wilson, straight ahead in a fox business exclusive interview. ♪ dad, i'd put that down. ah. 4g, huh? verizon 4g lte. 700 megahertz spectrum, end-to-end, pure lte build. the most consistent speeds indoors or out. and, obviously, astonishing throughput. obviously... you know how fast our home wifi is? yeah. this is sically just asast. oh. and verizon's got more fast lte coverage than all other networks combined. it's better. yes. oh, why didn't you just say that? huh-- what is he doing? >> shares are moving higher today, ahead of its first quarter earnings report after the bell for hp, shares were down 25% since whitman took over as ceo of the company back in september 2011. they expect earnings of 71 crepts a share. watch out for pca printer sales as large cost reductions may not offset
see if industry plays a role in growing the farm economy and feeding the world. its fertilizers used for corn, and right now, business is good. a record year for sales and earnings. what can they do for an uncore to keep shareholders happy? talking about that with the ceo, steve wilson, straight ahead in a fox business exclusive interview. ♪ dad, i'd put that down. ah. 4g, huh? verizon 4g lte. 700 megahertz spectrum, end-to-end, pure lte build. the most consistent speeds indoors or out. and,...
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200
Feb 20, 2013
02/13
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KGO
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the president says the cuts will have a catastrophic affect on the economy. >> this is not smart or fair. they will add hundreds of thousands of americans to unemployment rolls. >> dan ashley will be the journalist interviewing the president tomorrow at the white house.omr the report live from washington will begin tonight and then, again air tomorrow rate here on abc 7 news, dan is tweeting at dan ashley abc 7. >> lots of workers, plenty of chain saws and a crane needed to clean up the mess left by a fallen 2003 in diablo. the large oak fell on to a house yesterday damaging two vehicles. here is a look at the tree aift fell yesterday. nobody was hurt. one woman said it sounded like an explosion. >> the city is moving to shut down internet cafes promising cash prizes for users. >> the city council will consider changing it's zoning laws to ban those so called sweep stakes cafes entirely. >> nick smith has more for us. >> alameda county ordered some cafes to shut down. the bureau of gambling control called some of!fww the cave yaiz illegal gambling operations but one owner i've spoken wi
the president says the cuts will have a catastrophic affect on the economy. >> this is not smart or fair. they will add hundreds of thousands of americans to unemployment rolls. >> dan ashley will be the journalist interviewing the president tomorrow at the white house.omr the report live from washington will begin tonight and then, again air tomorrow rate here on abc 7 news, dan is tweeting at dan ashley abc 7. >> lots of workers, plenty of chain saws and a crane needed to...
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175
Feb 20, 2013
02/13
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KQED
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energy traders remain optimistic. >> the economy is doing a little bit better. there is some potential for people to take more vacations over the summer, and we could see some continued move up or at least firming and support here for energy prices. >> reporter: still, drivers may want to start setting aside a little extra cash now to help cover potentially higher gas prices on the road this summer. ruben ramirez, "n.b.r.," new york. >> susie: also in the energy patch today, transocean closed the chapter on the 2010 gulf oil disaster as a u.s. judge approved the company's $1 billion civil spill settlement. transocean owned the rig working b.p.'s macondo well when an explosion killed 11 workers and began the nation's worst offshore oil spill. last week, transocean's $400 million settlement of criminal charges with the federal government was also approved. >> tom: an update on the housing market. confidence among single-family home builders is down slightly this month, the first drop in almost a year. that housing index ticked down a point to 46 for february. anyt
energy traders remain optimistic. >> the economy is doing a little bit better. there is some potential for people to take more vacations over the summer, and we could see some continued move up or at least firming and support here for energy prices. >> reporter: still, drivers may want to start setting aside a little extra cash now to help cover potentially higher gas prices on the road this summer. ruben ramirez, "n.b.r.," new york. >> susie: also in the energy...
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102
Feb 19, 2013
02/13
by
CNBC
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eye 102
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economy in particular, it's the service sector. manufacturing is a sentinel part of our economy that gives us guidance down the road. what do i see when i look at those type of numbers globally? i see auto sales in europe down to 23-year lows. i see the good things in the economy are what businesses are doing to some extent. maybe private equity, maybe lbos, but at the epicenter of this are clean corporate balance sheets. certainly they've gotten clean. they've had the liquidity to scrub a dub dub all they want. what are we going to look for down the road in the future? i see things like t tea party express moving across the country and you don't read about them much in the media because they know the media is not going to give them gat coverage. they've go the gone statewide, states, gornors, that's the road they've taken. they might not be in themedia, but look at some of tse mor sconrviv statend inabt il lebu, dvi across country in a vehicle with a 7,500 tax credit making phone calls to see if it's too cold, make sure he can hit
economy in particular, it's the service sector. manufacturing is a sentinel part of our economy that gives us guidance down the road. what do i see when i look at those type of numbers globally? i see auto sales in europe down to 23-year lows. i see the good things in the economy are what businesses are doing to some extent. maybe private equity, maybe lbos, but at the epicenter of this are clean corporate balance sheets. certainly they've gotten clean. they've had the liquidity to scrub a dub...
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80
Feb 19, 2013
02/13
by
FBC
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eye 80
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(train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >>i. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >>ou just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that'shy you need lifelo to relentlessly protect what matters most... [beeping...] helping stop crooks before your identity is attacked.
(train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >>i. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >>ou just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining...
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123
Feb 20, 2013
02/13
by
CNBC
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eye 123
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what impact on the overall economy would it have? steve liesman takes a look. >>> currently on wall street it's beginning to believe washington will not avoid the sequester. that's the $85 billion in spending cuts across the board spending cuts that would be put in place beginning in march. here's what we're seeing the consensus on the street for the impact. gdp would be cut by about a half to 0.6 percentage points. the jobs impact, 500,000 to 700,000 jobs depending on whose report you read. unemployment rate would rachet up by a quarter to .3 of a point. macro economic advisors say the sequester effects not by themselves catastrophic but they add that quote, the indiscriminate fiscal restraint would come on the heels of tax increases with the economy still struggling to overcome the legacy of the great recession and when the fomc is constrained in offsetting the additional fiscal drag. here's the quarterly impact of the sequester as estimated. you would want to average all those up for the impact by year. note that it doesn't hit fu
what impact on the overall economy would it have? steve liesman takes a look. >>> currently on wall street it's beginning to believe washington will not avoid the sequester. that's the $85 billion in spending cuts across the board spending cuts that would be put in place beginning in march. here's what we're seeing the consensus on the street for the impact. gdp would be cut by about a half to 0.6 percentage points. the jobs impact, 500,000 to 700,000 jobs depending on whose report you...
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157
Feb 22, 2013
02/13
by
CNBC
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eye 157
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europe is a very tough economy. and we have the highest market share in servers of any competitor in europe, so when europe is soft, we're disproportionately hurt in that business. so we thought it was better to not get out over our skis, you know, one quarter we got three more to go, and we want to make sure we're cautious, and this business changes very rapidly. >> indeed it does. let's get to pcs, because there the changes perhaps happening more rapidly than some had anticipated. sales to consumers down 13%, sales of pcs and notebooks deteriorating quite rapidly, more rapidly than you anticipated. this is a painful transition. how do you manage it and what do you tell people to expect when you're just talking about a unit that does 10% of your operating profit, at 2.7% margins? >> yeah. so there's a couple of reasons we really like this business. and first of all, there is a huge transition taking place. the reason we've never called this business the pc business, we call it the personal systems business. it's an
europe is a very tough economy. and we have the highest market share in servers of any competitor in europe, so when europe is soft, we're disproportionately hurt in that business. so we thought it was better to not get out over our skis, you know, one quarter we got three more to go, and we want to make sure we're cautious, and this business changes very rapidly. >> indeed it does. let's get to pcs, because there the changes perhaps happening more rapidly than some had anticipated. sales...
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Feb 16, 2013
02/13
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CNNW
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it's easy to flood the economy with cheap money. it's not that easy to pull it back. >> dan gross, stephen moore, zanny beddoes, great to see you all. have a good weekend. >>> up next, rethinking education. students are getting a jump in the lucrative field. is the focus on jobs at this age the wrong approach? what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. we've got a lot of empty cans. ( ♪ ) for those nights when it's more than a bad dream, be ready. for the days when you get a sudden call from the school, be ready. for the times you need to double-check the temperature on the thermometer, be ready. when you have children's motrin on hand, you're ready. for high fever, nothing works faster or lasts longer than children's motrin. be ready with children's motrin. i've been using crest pro-health for a week. my dentist said it was gonna help transform my mouth. [ male announcer ] go pro. for a clean that's up to fo
it's easy to flood the economy with cheap money. it's not that easy to pull it back. >> dan gross, stephen moore, zanny beddoes, great to see you all. have a good weekend. >>> up next, rethinking education. students are getting a jump in the lucrative field. is the focus on jobs at this age the wrong approach? what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. we've...
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Feb 19, 2013
02/13
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what's going on in the federal reserve is unflatting the economy. how can you invest in that sort of sense is if the alen line would last. what else are you going to do? in a way you have to live with the fantasy while it's going on and make sure you're out before the whole thing pops. >> it's a good point, but in terms of the second half of the year would you expect a pickup in earnings the second half of year. >> i do expect a pickup in earnings. a stumbling recovery, three steps forward and two steps back. earnings numbers, as just said, about a "b," b-plus so i agree with that acceleration. >> the reason -- >> the reason you are seeing comfort tip, that's the responsible thing for executives to do. >> 110 dollars and the compare sox get resner in the second half of the world and when you're lose inn, we know europe is going to be a problem, locker i think than the consensus expects. you and i have discussed before and china is weaker than consensus, but north america remains an important catholic. >> we'll leave it there. >> thanks, maria. >> co
what's going on in the federal reserve is unflatting the economy. how can you invest in that sort of sense is if the alen line would last. what else are you going to do? in a way you have to live with the fantasy while it's going on and make sure you're out before the whole thing pops. >> it's a good point, but in terms of the second half of the year would you expect a pickup in earnings the second half of year. >> i do expect a pickup in earnings. a stumbling recovery, three steps...
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Feb 19, 2013
02/13
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. >>> massive budget cuts could rock our economy. what's being done. and they are some of the most coveted seats around, the bleachers for the red carpets at the academy awards. find out how to get your hands on one tough to come by ticket. at tyco integrated security, we consider ourselves business optimizers. how? by building custom security solutions that integrate video, access control, fire and intrusion protection. all backed up with world-class monitoring centers, thousands of qualified technicians, and a personal passion to help protect your business. when your business is optimized like that, there's no stopping you. we are tyco integrated security. and we are sharper. >>> let's start off with a lack at the weather cameras. rain showers on and off. wet conditions all across the board with the wind gusts wicked and the rain totals up around an inch or so. parkville, again, that weather was whipping with the wet conditions and the same deal in annapolis today. winds beginning to pick up now even as the rain begins to clear out to the east, kind
. >>> massive budget cuts could rock our economy. what's being done. and they are some of the most coveted seats around, the bleachers for the red carpets at the academy awards. find out how to get your hands on one tough to come by ticket. at tyco integrated security, we consider ourselves business optimizers. how? by building custom security solutions that integrate video, access control, fire and intrusion protection. all backed up with world-class monitoring centers, thousands of...
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Feb 22, 2013
02/13
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economy. >> no. except now we get to introduce the volatility and the uncertainty related to the sequester. as we were talking about off camera with becky, macro economic advisers who seem to be the barometer for this right now have it hitting gdp like 0.6%. if you're optimistic for the full year you've got to cut that on your forecast. while that may not be the same as a european inspired decline it's enough to push the fed further off the future isn't it not? >> it's certainly a drag. but i think it will be probably a smaller drag than macro advisers, they tend to overstate in my view. >> burt you're listening. where do you come down on this? >> i agree with this. i think 2.5% is about right. you know, the consumer is chugging along here okay. business spending is accelerating and that's certainly really good news. the real danger here for me is europe. you know, the bad news out of spain with the budget deficit. you know, i don't know who's taking these german competence surveys, but clearly senti
economy. >> no. except now we get to introduce the volatility and the uncertainty related to the sequester. as we were talking about off camera with becky, macro economic advisers who seem to be the barometer for this right now have it hitting gdp like 0.6%. if you're optimistic for the full year you've got to cut that on your forecast. while that may not be the same as a european inspired decline it's enough to push the fed further off the future isn't it not? >> it's certainly a...
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Feb 24, 2013
02/13
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economy as well. the torth tax code is a mess, business round table showed up at the white house and supported tax reforms. so there clearly is bipartisan support in that arena. we know the tax code doesn't work. and we know that the bulk of the problem is entitlements and frankly why can't we get into some things eating around the edges, even. even more marginally in the near-term like slowing down the pace of social security growth or means testing. if wealthy people don't need social security, they don't get it. these are the things that are pragmatic approaches that don't hurt the economy up front. we don't want to add too much pain we've seen when that means in europe. we want to avoid the european experience and we actually do have a little bit of time but there's no, there's no time like the present to make the plans for the future. >> michael you're outnumbered, but i hope that won't stop you and coming and playing "let's make a deal" on "your money," michael tanner, and diane swonk and alice
economy as well. the torth tax code is a mess, business round table showed up at the white house and supported tax reforms. so there clearly is bipartisan support in that arena. we know the tax code doesn't work. and we know that the bulk of the problem is entitlements and frankly why can't we get into some things eating around the edges, even. even more marginally in the near-term like slowing down the pace of social security growth or means testing. if wealthy people don't need social...
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Feb 19, 2013
02/13
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i think the economy is struggling. europe is struggling for sure, even though we're the prettiest girl on the block and probably one people will look to, our economy is not anywhere yet robust by any stretch of the imagination. i think this will come back to bite us. >> we talked about transports specifically. what about the broader market if it keeps moving. >> look at the broader market today. for every reason it has to go lower. it hasn't. we've broken through 14,000. now if we stay above this and close above 15, 25, a slot take it to the highs of 1565 relatively quickly for no other reason than just the momentum play. >> got it. kenny, good to see you always. >>al a pleasure. >> back to you, tyler. >>> health insurance taking a hit after humana said it would be be hurt by pay rates. bertha coombs with the story. >> not just humana, the rates outlined by the centers for medicaid and medicare services. they have a 45 day notice before they put it into effect. called the proposed cuts a crushing blow to medicare patie
i think the economy is struggling. europe is struggling for sure, even though we're the prettiest girl on the block and probably one people will look to, our economy is not anywhere yet robust by any stretch of the imagination. i think this will come back to bite us. >> we talked about transports specifically. what about the broader market if it keeps moving. >> look at the broader market today. for every reason it has to go lower. it hasn't. we've broken through 14,000. now if we...
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Feb 23, 2013
02/13
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economy. all right. i mean, unless you criticize me on this. not everyone's getting the benefit of the doubt. right now the gang at apple is being viewed about as cool as the bell bottom-wearing drones at microsoft. in fact, the stock's actually cheaper than microsoft. and get this, it's being sued by a large shareholder for not creasing enough value, even as it's been about the world's biggest value creator of all time. suddenly the street's turned on whole foods, a former darling, and it likes safeway of all things. proving there truly is no accounting for taste. and i have no idea what's happened for coach to get its mojo back but i've been thinking, maybe it needs to get into bowling bags! but the overall theme is clear. if you screw up and confess culpability while laying out a course of action you're going to be richly rewarded for it in this environment. sought bottom line is don't be so quick to blow out of a non-performer. it just might come roaring back without you. stay with cramer. >> coming up, housewarming spec. cramer's gone hous
economy. all right. i mean, unless you criticize me on this. not everyone's getting the benefit of the doubt. right now the gang at apple is being viewed about as cool as the bell bottom-wearing drones at microsoft. in fact, the stock's actually cheaper than microsoft. and get this, it's being sued by a large shareholder for not creasing enough value, even as it's been about the world's biggest value creator of all time. suddenly the street's turned on whole foods, a former darling, and it...